Pragati Mahila Nagrik Sahakari Bank Bhilai Pragati Mahila Nagrik Sahakari Bank Bhilai IMPS
Pragati Mahila Nagrik Sahakari Bank Bhilai IMPS · Mumbai, Maharashtra
490530002 is the MICR code for the Pragati Mahila Nagrik Sahakari Bank Bhilai IMPS branch of Pragati Mahila Nagrik Sahakari Bank Bhilai, located in Mumbai, Maharashtra. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code YESB0PMNSB1.
Bank
Pragati Mahila Nagrik Sahakari Bank Bhilai
Branch & Address
Pragati Mahila Nagrik Sahakari Bank Bhilai IMPS
Head Office - Shop no 11 a Market Sector - 2 Bhilai Durg - 490025
Mumbai, Bhilainagar, Maharashtra
Contact
+919406268144MICR Code Structure
490
City
530
Bank
002
Branch
City code 490 identifies the RBI clearing centre, bank code 530 identifies Pragati Mahila Nagrik Sahakari Bank Bhilai, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Pragati Mahila Nagrik Sahakari Bank Bhilai branches near Mumbai
Other banks in Mumbai, Maharashtra
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (YESB0PMNSB1) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 490530002 is in the middle, and your account number is on the right.